Building Finishing Contractors
Industry Group (2383)
2024-Q1: $2.15T MX, Gross Domestic Product
DENUE May 2024: 1,503, Economic units
Jan-Mar 2024: Confidential, Foreign Direct Investment
In the first quarter of 2024 the gross domestic product was $2.15T MX, 6.1% less than the previous quarter.
According DENUE 2024, Building Finishing Contractors registered 1,503 economic units. The states with the highest number of economic units were Estado de México (213), Ciudad de México (171), and Nuevo León (117).
According to data from the Economic Census 2019, total gross production was $4.41B MX. The states with the highest total gross production were Ciudad de México ($784M MX) and Nuevo León ($743M MX).
For its part, total income reached $4.46B MX in 2019, being the states with the highest income Ciudad de México ($793M MX) and Nuevo León ($745M MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Building Finishing Contractors the states with the highest affinity were Nuevo León (0.77), Chihuahua (0.76), Coahuila de Zaragoza (0.72), Baja California (0.71), and Sonora (0.71).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q1: $2.15T MX
Gross Domestic Product 2023: $2.15T MX
* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.
In the first quarter of 2024, Construction recorded a gross domestic product of $2.15T MX, evidencing a drop of 6.1% compared to the previous quarter and an increase of 12.8% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 1,368 economic units were totaled in Building Finishing Contractors, highlighting Estado de México (195), Ciudad de México (169), and Jalisco (104).
Total gross production was $4.41B MX. The states with the highest total gross production were Ciudad de México ($784M MX) and Nuevo León ($743M MX).
Total income reached $4.46B MX in 2019, being the states with the highest income Ciudad de México ($793M MX) and Nuevo León ($745M MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
Production Indicators by Municipality
#permalink to sectionAccording to dato from Economic Census 2014, Building Finishing Contractors had a total of 2,325 economic units and the municipalities with the highest number of economic units were Monterrey (165), Mérida (123), and Guadalajara (93)
Total income eached $4.65B MX and the municipalities with the highest income were Miguel Hidalgo ($456M MX), Monterrey ($441M MX), and Mérida ($391M MX).
Total expenditures were $2.97B MX and the municipalities with the highest expenditures were Miguel Hidalgo ($388M MX), Mérida ($260M MX), and Monterrey ($257M MX).
On the other hand, in 2014 there were 16563 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (1.6k), Mérida (1.29k), and Zapopan (732).
* Any inconsistency between the data at the state and municipal level is due to the anonymization methodologies applied to the data, also municipalities not shown in the visualization have been anonymized.
Economic Units
#permalink to sectionThe visualization shows the number of economic units in Building Finishing Contractors according to the number of employees.
According to DENUE data published in May 2024, 1,297 companies with 0 to 10 employees were registered (1 companies less than the previous period). In the same period, 181 companies with 11 to 50 employees were registered (equal number of companies as the previous period).
11 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 14 companies with more than 101 employees were registered (2 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- Confidential, FDI Jan-Mar 2024
- US$20.3M, FDI Jan-1999 to Mar-2024
In the period January to March 2024, FDI from Building Finishing Contractors was Confidential, distributed in reinvestment of earnings (Confidential), equity Capital (US$0), and inter-company debts (Confidential).
Since January 1999 to March 2024, the accumulated amount of FDI in Building Finishing Contractors was US$20.3M, distributed in inter-company debts (US$15M), reinvestment of earnings (US$5.14M), and equity Capital (US$118k).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Mar 2024: US$0
Period Jan-1999 to Mar-2024: US$19.3M, Coahuila de Zaragoza is the main receiving state
No FDI is recorded in the period January to March, 2024
Historically (from January 1999 to March2024) the states that have received the highest FDI are Coahuila de Zaragoza (US$19.3M), Guanajuato (Confidential), and Nuevo León (US$276k).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Mar 2024: ---, US$0
Main investing country between Jan-1999 and Mar-2024: United States, US$21.4M
No FDI is recorded in the period January to March of 2024.
Historically (from January 1999 to March de 2024) the countries that contributed the most to FDI were United States (Confidential) and Japan (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Building Finishing Contractors according to Relatedness were San Luis Potosí (0.54), Durango (0.46), and Campeche (0.43). The Relatedness measures the distance between an industry and the current industrial composition in each state. The presented entities register a level of specialization lower than one unit (RCA <1).